The security's earnings reaction last week was overdone, say analysts Department store stock Nordstrom, Inc. (NYSE:JWN) is higher in early trading, after receiving an upgrade to "buy" from "hold," and a price-target hike to $55 …

Fashion retailer Nordstrom, Inc. (NYSE: JWN)'s stock fell nearly 10 percent in reaction to its May 17 first-quarter earnings report, but the decline is "overdone" and investors should buy the dip, according to Deutsche Bank. The Analyst …